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Nov 30, 2012
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it's important to go out and shop, important to stimulate the economy. if we're going to pick a store, let's go to costco which is known for treating its workers better than basically any general retailer in the country. i've been covering labor for a few years for "the new york times" and a few years ago, several people were saying, you should take a look at costco. they really do remarkable job in how they treat their workers. so i went out to their headquarters in washington. i spent a day with that gentleman next to biden, mr. sinegal, co-founder of the company. his father was a steelworker. he grew up in pittsburgh. i figured he was sympathetic to unions. he grew up catholic. he said, no, no, that's not why i treat our workers well. we're not the little sisters of the poor. he said it's good business. he said treating workers well mean they work hard for you, there's far less turnover. the typical costco worker who's been there more than a year stays on average 17 years. costco is known for having far less theft than most retailers. and he says when
it's important to go out and shop, important to stimulate the economy. if we're going to pick a store, let's go to costco which is known for treating its workers better than basically any general retailer in the country. i've been covering labor for a few years for "the new york times" and a few years ago, several people were saying, you should take a look at costco. they really do remarkable job in how they treat their workers. so i went out to their headquarters in washington. i...
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it is part of what we need to succeed in this global economy. and i'm going to fight for every young person is willing to work hard to get an education. gerri: should everyone have a college degree? >> if i was the president, i think you might has well said let me be clear. every student should start with 30,000 dollars of debt and maybe a bankruptcy. it's absolutely asinine. the current system we have in place is noing short of immoral. we are putting students that it is economically imperative for them to get an education, but then we are putting them in that situation a situation was. not only are there no jobs, starting with 30,000 dollars of debt is not a way to start your life. gerri: let's get marked in him. i'm going to give you more time. we would like to get more time. mark, is it asinine to these kids start their lives with so much debt and give it to everybody? >> well, college benefits -- the students who have college degrees earn 70 to 80% modents e degrees earn 70 to 80% more. the federal gvernment gets twice as much federal incom
it is part of what we need to succeed in this global economy. and i'm going to fight for every young person is willing to work hard to get an education. gerri: should everyone have a college degree? >> if i was the president, i think you might has well said let me be clear. every student should start with 30,000 dollars of debt and maybe a bankruptcy. it's absolutely asinine. the current system we have in place is noing short of immoral. we are putting students that it is economically...
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Dec 3, 2012
12/12
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bill: on a tenuous economy too. what are republicans say, wendell? >> reporter: john baker says they don't have a starting point with democrats refusing to say what spending cuts they're willing to accept. democrats say the president made clear in the election campaign he wanted to phase out tax cuts for upper income earnings boehner says he is something for much more than that. >> the president is asking for $1.6 interest worth of new revenue for 10 years, twice as much as he has been asking in public. he has stimulus spending here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> reporter: politically each side wants the other to own as much as possible of an ultimate agreement that possibly neither of their constituencies are going to like. bill? bill: thank you, wendell goler, on the north lawn there at the white house. martha. martha: a little more background on this now. budget negotiations with congressional leaders started a few weeks ago really with president obama calling for that $1.6 tril
bill: on a tenuous economy too. what are republicans say, wendell? >> reporter: john baker says they don't have a starting point with democrats refusing to say what spending cuts they're willing to accept. democrats say the president made clear in the election campaign he wanted to phase out tax cuts for upper income earnings boehner says he is something for much more than that. >> the president is asking for $1.6 interest worth of new revenue for 10 years, twice as much as he has...
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Nov 29, 2012
11/12
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CNNW
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that is how you get the economy to grow. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out and significant detail. there is not going to be a deal between now and december 31st and all americans they are all going to see their tax rates going up starting january 31st. how are you going to feel about that? >> the president came forward and said when you have slow growth, less than 2% now, why would raising taxes now be a good idea? it is still a bad idea and i think while i think there is room for a prom promise, i don't think one person gets to decide where the compromise is. he ran on this notion of raising taxes on the wealthiest americans. he is probably going to hold firm on that. we'll see what happens over the next four weeks. as long as we are spending money on robots, don't raise any taxes. thank you very much. >> less us know what you think. follow us on twitter. up next, another twist in the administration's attempt to explain what happened the night four ame
that is how you get the economy to grow. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out and significant detail. there is not going to be a deal between now and december 31st and all americans they are all going to see their tax rates going up starting january 31st. how are you going to feel about that? >> the president came forward and said when you have slow growth, less than 2% now, why would raising taxes now be a good...
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Dec 4, 2012
12/12
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KOFY
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. >> when the economy is tough and times are a little tough this is news that cheers everyone up. >> british love her, it makes everybody a little happier. >> reporter: since the day they got engaged they've been talking about the importance of family. >> be able to have a happy family ourselves. >> reporter: the when was off the table when prince william sat down with katie couric in may. >> is there anything you would like to tell me? >> tight lips. >> reporter: kate toasting with water in september. last week prince william happy accepting a onesie. the clues were there, if you knew where to look. >> one of the many ways william and kate aren't that different from your average couple is the fact they got a puppy. when you -- >> reporter: kate is not one to back down from a challenge days before being admitted to the hospital she was playing field hockey in high heels. great role model for a daughter who would need to be strong. under new rules the first born will be next in line for the throne even if it is a girl, even if a boy comes later. potential queen elizabeth iii. >> at th
. >> when the economy is tough and times are a little tough this is news that cheers everyone up. >> british love her, it makes everybody a little happier. >> reporter: since the day they got engaged they've been talking about the importance of family. >> be able to have a happy family ourselves. >> reporter: the when was off the table when prince william sat down with katie couric in may. >> is there anything you would like to tell me? >> tight lips....
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Dec 2, 2012
12/12
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what they really want to know is the economy going to grow or not. if you're increasing taxes on dividend, you get less capital and dividends and then less growth for the economy and less revenue for the government. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of
what they really want to know is the economy going to grow or not. if you're increasing taxes on dividend, you get less capital and dividends and then less growth for the economy and less revenue for the government. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path...
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Dec 6, 2012
12/12
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that'll be a problem for our economy. people will not be engaged unless they have clarity in this thing. i have more faith in this institution. after the end of the day, you do the right thing. if you look at the history of this body, it roughly comes up with the right answer. we have not dealt with the debt ceiling since the beginning of this country. i think we are very capable and we can do it. >> i will respond by saying that we have been trying to deal with our cascading debt and deficit for decades. i would say that we have been far short of doing the right wing -- right thing to look for a healthy fiscal future. >> thank you, senator. >> i agree that we usually do the right thing but only after we try everything else. the time has come. i see this as a scary time. we need to protect our fragile economy, but it is also an opportunity to move forward. i first question is based on your predictions -- what do you think the timeframe is for possible further downgrades from the crater agencies -- credit reating agencies?
that'll be a problem for our economy. people will not be engaged unless they have clarity in this thing. i have more faith in this institution. after the end of the day, you do the right thing. if you look at the history of this body, it roughly comes up with the right answer. we have not dealt with the debt ceiling since the beginning of this country. i think we are very capable and we can do it. >> i will respond by saying that we have been trying to deal with our cascading debt and...
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if they don't have confidence in law makers that will pull back into that would hurt the economy. a tea party hero is leaving capitol hill republicans stepping down next month to become director of the heritage foundation he was elected to the senate in 2004 and clashed on occasion with republican leaders of the legislation into the overall direction of the party. illinois republican u.s. senator mark kirk is preparing to return to capitol hill he will go back to january 3rd he suffered a stroke almost one year ago and he has had multiple surgeries including operations to reduce swelling around his brain. illinois lawmakers for planning a big party and a celebration when he heads back. the storm took a devastating toll on the east coast now damage estimates are taking a toll on federal emergency funds right now there is just not enough to help everybody who needs it so they will ask congress for an extra 60 billion on capitol hill lawmakers talk about what the money is being spent on. hundreds of thousands of families have been forced from their homes. >> one subway station will c
if they don't have confidence in law makers that will pull back into that would hurt the economy. a tea party hero is leaving capitol hill republicans stepping down next month to become director of the heritage foundation he was elected to the senate in 2004 and clashed on occasion with republican leaders of the legislation into the overall direction of the party. illinois republican u.s. senator mark kirk is preparing to return to capitol hill he will go back to january 3rd he suffered a...
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Nov 29, 2012
11/12
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KGO
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. >> you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. >> reporter: the latest abc news/"washington post" poll shows the public is with the president on this debate. on this debate. 60% support raising taxes on incomes higher than $250,000. >> it's going to affect their standard of living very little, if at all, and -- the rest of us are being asked to pay for a party that we weren't invited to. >> congress doesn't do anything, then -- i have a feeling that it's really going to be devastating for next year. >> reporter: on other proposals, the poll shows the public is mixed when it comes to increasing revenue by eliminating the mortgage income tax deduction. but they decidedly do not want to see the medicare eligibility age go up from 65 to 67. >> it bothers me when they say it's an entitlement, when we actually paid all these years when we were working. >> i think it's very difficult for people to reach a compromise, which is unfortunate, because the nation is what suffers. >> repo
. >> you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. >> reporter: the latest abc news/"washington post" poll shows the public is with the president on this debate. on this debate. 60% support raising taxes on incomes higher than $250,000. >> it's going to affect their standard of living very little, if at all, and -- the rest of us are being asked to pay for a party that we...
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. >> deal or no deal, i don't think it matters this is just a dog and pony show, the economy is in trouble. lou: thank you very much. appreciate it. on that happy note. >> thank you, lou. lou: what the bleep just happened. thank you. for us that is it good night from new york. neil: influential tea partier jim demint is leaving senate captain, and john boehner removing tea party party from all leadership posts first indicated it. stick a fork in him, the republican party as we know it is dead. i am neil cavuto, allow me to be so blunt to say, what else can you say about a light taken out of the party, republicans who 1 proudly school their tax drowned over decades, seeding that and then some over weeks, only real debate among the grand old party is how much to hike taxes, not if. i did not know they lost their backbone. starting 800 billion in tax hikes to match the president, shouldn't surprise anyone whether we doubled that to $1.6 trillion, that will become the new starts point for the president. new york times and front page story praising john boehner's grip to the party here, appears
. >> deal or no deal, i don't think it matters this is just a dog and pony show, the economy is in trouble. lou: thank you very much. appreciate it. on that happy note. >> thank you, lou. lou: what the bleep just happened. thank you. for us that is it good night from new york. neil: influential tea partier jim demint is leaving senate captain, and john boehner removing tea party party from all leadership posts first indicated it. stick a fork in him, the republican party as we know...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to kaiser report. more news today violence is once again flared up the film these are the images cobol has been seeing from the streets of canada. giant corporations rule the day. the opinion. i am.
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to kaiser report. more news today violence is once again flared up the film these are the images cobol has been seeing from the streets of canada. giant corporations rule the day. the opinion. i am.
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Dec 6, 2012
12/12
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>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost religious and ideological, how fervently that belief is and how common that is among people who make a ton of money. >> it's one of the few times that you find a vague semblance of ideology in these people. because they're very practical, most of the time. whatever works in terms of making money is what they'll all choose. but you're right, sometimes even when you show them the numbers and say, listen, recognizing unions, you can be more profitable overall, they don't like that. >> felix salmon, reuters finance blogger, who will be live blogging in january, you should check that out, thanks for
>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost...
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with thirteen trillion dollars sorry fourteen trillion dollar economy with thirteen trillion dollars of our good to men and the government keeps having to make up the difference so we have to put money into the pockets of people we're going to spend it now the democrats proposed by extending unemployment insurance helping the people who are really at the people who might be living in their cars otherwise you want to increase infrastructure spending we want to extend tax breaks for the middle class and whether republicans keep on wanting do they want to keep on extending ten. breaks for the rich even though it hasn't created jobs it's not going to create jobs all it does is it helps to pay back the people who give them their campaign contributions every two years right speaking of whom you know frank luntz calls them the job creators there's this group of eighty or so of these c.e.o.'s that are doing a dog and pony show they're going to start running all these ads this in this next week about how they want to see a balanced approach you know that if we're going to raise taxes on the r
with thirteen trillion dollars sorry fourteen trillion dollar economy with thirteen trillion dollars of our good to men and the government keeps having to make up the difference so we have to put money into the pockets of people we're going to spend it now the democrats proposed by extending unemployment insurance helping the people who are really at the people who might be living in their cars otherwise you want to increase infrastructure spending we want to extend tax breaks for the middle...
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Dec 1, 2012
12/12
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KQED
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. >> wherever our trades negotiation the economy comes to life. norfolk-suffolk, one line, infinite possibilities. >> additional corporate funding is provided by boeing. additional funding is provided by the anenburg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. perhaps you took a break for the holidays. perhaps you gave thanks that the election was ofrlte then you dialed back in this week and discovered, no, we have apparently just entered a new phase in a political year that never ended. two big stories this week -- the impending fiscal cliff and the washington debates over who will succeed hillary clinton as secretary of state. first to the fiscal cliff. at the end of the year the buescher ra tax cuts will expire and the first wave of $1.2 trillion in spending cuts is scheduled to kick in. c.e.o.'s and economists alike are worried this will send the economy spiraling back into recession. th
. >> wherever our trades negotiation the economy comes to life. norfolk-suffolk, one line, infinite possibilities. >> additional corporate funding is provided by boeing. additional funding is provided by the anenburg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. perhaps you took a break for the holidays. perhaps you gave thanks...
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Dec 6, 2012
12/12
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FOXNEWS
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plus, we turn back to the economy. milt tone freidman was a nobel peace prize winning economist, world famous. in light of the fiscal cliff hanger we are asking, what would milton do? the answer would surprise you. it's next. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios jon: right now, new information on crime stories we are watching. authorities in iowa working to identify remains discovered in woods in evans dale yesterday. authorities believe they are the bodies of two young cousins, an 11-year-old and a 9-year-old. those two little girls you probably remember vanished while riding their bikes five months ago. a manhunt on hawaii's big island. authorities are looking for two inmates who overpowered a guard and escaped from a correctional center. the two men are serving time for attempted murder and burglary. the family of a missing new york teenager releases an age-processed photo in hopes
plus, we turn back to the economy. milt tone freidman was a nobel peace prize winning economist, world famous. in light of the fiscal cliff hanger we are asking, what would milton do? the answer would surprise you. it's next. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios jon: right now, new information on crime stories we are watching. authorities in iowa working to...
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a lot in terms of foreign policy and in terms of opening their economies up. to u.s. multinationals will be a movie very important. for the united states and yes it will start buying american arms and substantial qualities libya's lots and lots of money to spend according to the state department this year alone the u.s. spent six point three billion dollars financing foreign armies it argues investing in foreign militaries helps build. better alliances and further american interests abroad from the point of view of the u.s. government of course it's very useful to have other countries militaries integrated into the us they get the training then they get the equipment they get the arms it's the full package the idea of proxy armies is not new to be very destructive record of training foreign armies has hardly been flawless you have the school of americas for instance which is trained all the the armies that became the torturers of latin america that started after world war two i would say the training troops is especially in the middle east in the case of iraq or in af
a lot in terms of foreign policy and in terms of opening their economies up. to u.s. multinationals will be a movie very important. for the united states and yes it will start buying american arms and substantial qualities libya's lots and lots of money to spend according to the state department this year alone the u.s. spent six point three billion dollars financing foreign armies it argues investing in foreign militaries helps build. better alliances and further american interests abroad from...
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Dec 7, 2012
12/12
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FOXNEWSW
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tax hikes in january, can this economy handle it based on this report? >> we're going to have taxes which will be roughly the same under bill clinton, we did fine in that, we'll do fine. what i'm worried about is the defense cuts. they're really serious. but we'll get by with a few months of higher taxes until the democrats and republicans start playing nice with each other. but the fiscal cliff, i think, is very overrated as a danger. heather: does it concern you that this seems to be the new norm when we look at the numbers and say, hey, this is better? >> it's very discouraging. we're stuck at a stable but depressing plateau. meth -- heather: ben stein, thank you s much. we will be right back. we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. jon: chris
tax hikes in january, can this economy handle it based on this report? >> we're going to have taxes which will be roughly the same under bill clinton, we did fine in that, we'll do fine. what i'm worried about is the defense cuts. they're really serious. but we'll get by with a few months of higher taxes until the democrats and republicans start playing nice with each other. but the fiscal cliff, i think, is very overrated as a danger. heather: does it concern you that this seems to be...
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you're in a grown not for the economy we're going to grow and that's. really really good. stuff the car going to be good. not sell the cars the earnings are going to be i. think corporate america got the message but we know at least one guy didn't instead he was apparently angry that is speaking fee from the heritage foundation wouldn't get paid which he seems to say here would screw up things for his kids. i know you know i mean i don't know if you can. i mean i don't know if girls through age got all that money in the or in the ruble doesn't always guard you're going up paying for my kid and these are the real people here that night amount there's not for the record that was ed. who attack one of the protesters he's a millionaire a former executive a drug giant pfizer former health care lobbyist and a current scholar at the right wing heritage foundation. obviously didn't get the message let's hope this protest serves as a lesson for the rest of americans and the wealthiest two percent of americans the middle class in this country is not going down without a fight. at th
you're in a grown not for the economy we're going to grow and that's. really really good. stuff the car going to be good. not sell the cars the earnings are going to be i. think corporate america got the message but we know at least one guy didn't instead he was apparently angry that is speaking fee from the heritage foundation wouldn't get paid which he seems to say here would screw up things for his kids. i know you know i mean i don't know if you can. i mean i don't know if girls through age...
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happening to the global economy. and realized. welcome to the big picture. the for. the i. remind you we're talking about the. the west. ok alex analytical back to you in brussels you know outside of the west however we define that the west has seen its very very violent ok over the last twenty years it's nato interventions is this something that the west should be proud of. well i mean i think the west is still the largest force for good in the world i mean the interventions that have taken place if you think about afghanistan for example that has been to rout out al qaeda operation base terrorist organization that has struck around the world from bali to madrid to london there has been one grave there on which europeans and americans had a dramatic fall out that was the iraq war that should not have taken place but compared to certain other regions the west is the most peaceful and stable region there is no conflict inside of the west if you look to russia with the chechen conflict in the northern caucasus if you look to see. that's been overthrown by decade now more than
happening to the global economy. and realized. welcome to the big picture. the for. the i. remind you we're talking about the. the west. ok alex analytical back to you in brussels you know outside of the west however we define that the west has seen its very very violent ok over the last twenty years it's nato interventions is this something that the west should be proud of. well i mean i think the west is still the largest force for good in the world i mean the interventions that have taken...
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Dec 7, 2012
12/12
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CSPAN2
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we really want to grow this economy system. that means making some of these choices, making tough choices and making them not just for now but for the future. getting fat, those spending cuts, trillion dollars, how do we do that in a way that is agreed to and we can get done and we don't walk, dial it back. and secondly that we do raise revenue, and making the investments that assure economic preparedness what we retain our commitment to our seniors. so i think it actually is cheekily important message both to americans as individuals, government can function, we can make tough decisions and we make decisions that benefit the middle class. that's what's made our country great. you've heard we are great americans, we have to make some decisions here, move us forward. we want to be innovative and trendsetting but it doesn't just happen to a lot of that comes from the kind of investment made in education, in the way we do our tax policy, growth areas energy. are we innovative in manufacturing, advanced manufacturing. these are thi
we really want to grow this economy system. that means making some of these choices, making tough choices and making them not just for now but for the future. getting fat, those spending cuts, trillion dollars, how do we do that in a way that is agreed to and we can get done and we don't walk, dial it back. and secondly that we do raise revenue, and making the investments that assure economic preparedness what we retain our commitment to our seniors. so i think it actually is cheekily important...
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Dec 4, 2012
12/12
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part is getting our economy growing. but in order to avoid having this debate again in just another few months like we had just a year ago and the one we're having over the fiscal cliff, is that we have to be willing right now to come to the table, have these negotiations and, speaker boehner, the day after the election, signaled to the white house, he went to the podium and said we're willing to put tax revenue on the tail but we must have the spending, spending reductions and also the entitlement reforms. jenna: so the white house says they will not compromise unless we do see tax rates going up. at least for the wealthiest. what do you see the end result being? if that is the red line they're drawing, what do you see as part of the compromise there, they say they must see those rates go higher?. >> it is a question whether or not they're going to insist on those, that those top 2% rates going up. it is really a straw man in the whole debate. even if we raised the top 2%, we tax them at 100% it would only fund the fede
part is getting our economy growing. but in order to avoid having this debate again in just another few months like we had just a year ago and the one we're having over the fiscal cliff, is that we have to be willing right now to come to the table, have these negotiations and, speaker boehner, the day after the election, signaled to the white house, he went to the podium and said we're willing to put tax revenue on the tail but we must have the spending, spending reductions and also the...
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Dec 5, 2012
12/12
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CURRENT
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it doesn't add to the economy and those top 2 don't need to get done. we all do agree on the bottom ones and i just -- i think now they've got themselves in a pretty tight box. i hope you keep beating the drum on this. >> stephanie: i think you're a helper. you're giving them an out. >> always the helpful teacher. [ laughter ] >> stephanie: representative tim walz of the great state of representative, thank you. talk to you soon. >> thank you. >> stephanie: you know what he is? he's someone who gets it done. brought to you by granger. >> oh, my god! >> stephanie: that's right. with over 900,000 products for the ones who get it done. >> representative tim walz -- >> stephanie: nothing but net on that one. >> i wonder if he's related to -- >> no. >> inglorious basterds and carnage. >> stephanie: a complaint letter from ron in geneva, illinois. you guys, i object in the strongest possible terms tho who is who insinuate chicago punks are a bunch of gangsters. i'm attaching a photograph of my grandfather standing on the chicago lakeshore who, as far as i kno
it doesn't add to the economy and those top 2 don't need to get done. we all do agree on the bottom ones and i just -- i think now they've got themselves in a pretty tight box. i hope you keep beating the drum on this. >> stephanie: i think you're a helper. you're giving them an out. >> always the helpful teacher. [ laughter ] >> stephanie: representative tim walz of the great state of representative, thank you. talk to you soon. >> thank you. >> stephanie: you...
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economy. >> they could play havoc with the world economy. i think you would see a wave of terror across the region, potentially even here at home. i don't think, just for your personal, as per personal opinion, i don't think they would try to block the persian gulf because that would cut their own throats, but i would not be surprised to see them attack the oil facilities of other countries on the periphery of the gulf. and to do other things that would drive the price of oil through the roof but i think -- and i think you would see them behave in a very different way in both iraq and afghanistan. >> rose: based on everything you know, do you believe that they will respond to the economic embargo, the economic sanctions if we turn that screw as hard as we possibly can? >> i don't think the government will, if there is one thing that the iranians, saddam hussein, the north koreans and bashar al-assad all have in common is they don't care how many other people get killed. >> rose: even their own
economy. >> they could play havoc with the world economy. i think you would see a wave of terror across the region, potentially even here at home. i don't think, just for your personal, as per personal opinion, i don't think they would try to block the persian gulf because that would cut their own throats, but i would not be surprised to see them attack the oil facilities of other countries on the periphery of the gulf. and to do other things that would drive the price of oil through the...
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doub women are now of most vulnerableecommunities at a very fragil time i our natios economy. one of the tngs that is alo important as we have some public opinion polling that showed 62 percent of americans said they would have to substantially cut byy 25 t 50%. gerri: you know what's going to happen ithat deduction is ct the irony is this editorial writer was sig that i is sothing fr the rich. he end of the day the people o benefit are the poor n many cases. e openleter to the prsident we acknowledge and support the need to put our nati o a more sustnable fiscal pth ut are urged you to preserve the chariiable deductions powerful incentive for givi. to you. did you meet with the president or with his people working for him? did they give you any sense tht ey woulnot work toward taking away this dedution? have to tell you, we have proposals from bothides of the table alking but getting rid of thisdeduction or at least remein it. >> the president has for a long time taken a position that in order to pay forvrious programs he would limit the deduction for people who ean under 00,
doub women are now of most vulnerableecommunities at a very fragil time i our natios economy. one of the tngs that is alo important as we have some public opinion polling that showed 62 percent of americans said they would have to substantially cut byy 25 t 50%. gerri: you know what's going to happen ithat deduction is ct the irony is this editorial writer was sig that i is sothing fr the rich. he end of the day the people o benefit are the poor n many cases. e openleter to the prsident we...
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the past few years, a lot of our neighbors have been struggling, ever since the downturn of the economy. we encourage our cut mir to come by during their lunch hour, when they get off of work, come by, drop off some nonperishable food items. it will help out. people are really struggling during this challenging time with the economy and food bank needs the help right now. righ >> what has been the response? >> i've been part of this since the beginning about 11 years ago and each year, it just seems to get bigger and bigger. the response seems to get big are and bigger. i know last year, we collected over 60,000 pounds of food. we've got 12 other satellite locations this year where customers can come by and drop off food items. so i think we'll even increase the am this year over last year. >> okay. all right. thank you very much for coming out and talking with us. we appreciate all your efforts from giant as well. this is, as i said, a very worthy cause. we have all kind of entertainment out here. we have jazz musicians and the dancers out here. we'll be here throughout the morning. ba
the past few years, a lot of our neighbors have been struggling, ever since the downturn of the economy. we encourage our cut mir to come by during their lunch hour, when they get off of work, come by, drop off some nonperishable food items. it will help out. people are really struggling during this challenging time with the economy and food bank needs the help right now. righ >> what has been the response? >> i've been part of this since the beginning about 11 years ago and each...
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that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the speaker and david axelrod talked about what the president and speaker might be doing behind closed doors and the reasoning behind it. let's listen. >> both the president and the speaker are very fluent in the basic numbers. they have been living with them for some time now. so as i said, i don't think that there's a lot of mystery about this. the politics has to be traverse. they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it? >> i think it helps for the two men to make a deal that might work for all sides. i sound like i'm a broken record for myself but i'm still trying to find out if both parties are trying to f
that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the speaker and david axelrod talked about what the president and speaker might be doing behind...
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look at europe's economy down the road. 11.7% unemployment. that is another record high in the month of october. breaking that down, it is 18.7 million people out of work across the 17 eu countries that use the euro. spain and greece have the highest jobless rates. 25% is the unemployment rate in spain and greece with youth unemployment levels, look at this, almost 60% in spain and greece. bill: good luck with that, huh? what a future. debate now underway on capitol hill where the house is set to vote on the republican immigration reform bill. if it passes the stem act would get rid of the lottery system and reallocate 55,000 green cards that people with advanced degrease with science and engineering. doug mckelway live on the hill with the story this morning. this bill failed in september. why are republicans bringing it back now? >> reporter: bill, it failed back in september because it was brought up under suspension rules which requires 2/3 majority so it failed. it is coming back today under normal house rules which require simple majorit
look at europe's economy down the road. 11.7% unemployment. that is another record high in the month of october. breaking that down, it is 18.7 million people out of work across the 17 eu countries that use the euro. spain and greece have the highest jobless rates. 25% is the unemployment rate in spain and greece with youth unemployment levels, look at this, almost 60% in spain and greece. bill: good luck with that, huh? what a future. debate now underway on capitol hill where the house is set...
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economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. i think it speaks to several key messages. just as we did in 2005, they're just as relevant today when we were importing 60% vs. 40% and continuing to go down. they also fall along what senator blunt said house well. but you see from when we have the oil crisis, there is no such thing as energy independence. some fear we define the problem as energy independence and it is all about imported oil. but then we solve a problem. we have been saying we needed to end our dependence on foreign oil, but the truth is we have a dependence on oil and any thing that happens anywhere in the world affects us here. if we miss diagnose the problem, we come up with the
economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. i think it speaks to several key messages. just as we did in 2005, they're just as relevant today when we were importing 60%...
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countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street movement inside western europe as well and this is going to happen within the next few years because the model itself is unsustainable i'm going to jump in here we're going to go to a short break and after that short break we'll continue our discussion on the west stay with our. experience before series with the. nation. day. to make. him the flying. speak your language. they will not advance. news programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. that all teach spanish find out more visit eye to eye ball tito it's calm. play. play. play. play. play. play. play. clock. and. elin. limitation of free credit take three months for charges free to make ame
countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street movement inside western europe as well and this is going to happen within the next few years because the model itself is...
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waiting to get a ticket so you can have an operation and this and we're talking about the six largest economy in the world you know they're always they don't have enough funds to support social security system for almost two hundred million people the country is still basically a poor country with pockets of one percent all over just like china just like russia for that matter i wouldn't even talk about start talking about india where you know social security for one billion indians is absolutely out of the picture ok alex i couldn't in your head. i couldn't agree more but it makes my point yes we do have inequality yes we have problems in the west but we address them and generally speaking i think you know millions actually perhaps billions of people would love nothing better than to live in the west we do not have to wait eight months before you peter you before you treated in hospital. you don't have to spend a year's salary or medical treatment where you have access to basic social services where you have low levels of corruption where you have inefficient by and large at ministration whe
waiting to get a ticket so you can have an operation and this and we're talking about the six largest economy in the world you know they're always they don't have enough funds to support social security system for almost two hundred million people the country is still basically a poor country with pockets of one percent all over just like china just like russia for that matter i wouldn't even talk about start talking about india where you know social security for one billion indians is...
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a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now it's down to 6.9%. that's because of a lot of things. partly trade enforcement that you've talked about. and partly the auto rescue. all those things together. i think the president knows that we need to continue to make sure the regulations are strong. part of that is done by his administration and part of it is by congress. we know he will work with senator merkley, senator schumer, people who have been involved on these issues. and i'm optimistic we move forward. >> thank you for joining us tonight. >>> coming up, senator mitch mcconnell rails against reform, but john mccain doesn't agree. michigan senator debbie stabenow on filibuster reform. >>> later senator john kerry delivers an
a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now it's down to 6.9%. that's because of a lot of things. partly trade enforcement that you've talked about. and partly the auto rescue. all...
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i want to get to you on the economy. to the white house now, the november jobs report showed the fifth straight month of job gains, over 100,000. a jobless rate at the lowest level in four years. is it real or is it a mirage? joining me now allen krueger, chairman of the president's council of economic advisers. good morning to you. >> morning. >> obviously this was a jobs report that beat all expectations among economists that were looking and expecting a sandy impact. the labor department says no sandy impact. do you believe in the long 0 run we will look back at this report and not see a sandy impact? >> that's an interesting question, chuck. there was an impact in terms of over a million workers who normally work full time or part time in the reference week. so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a l
i want to get to you on the economy. to the white house now, the november jobs report showed the fifth straight month of job gains, over 100,000. a jobless rate at the lowest level in four years. is it real or is it a mirage? joining me now allen krueger, chairman of the president's council of economic advisers. good morning to you. >> morning. >> obviously this was a jobs report that beat all expectations among economists that were looking and expecting a sandy impact. the labor...
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what that does, it lifts the cloud of default over the economy. the president has increased the debt limit. congress has a chance to express approval of that. it's a very smart way by the senator with impeccable credentials to lift this threat. >> you said that he never intended it to be permanent? >> but, again, it was a good idea then, it's a good idea going forward. it came from him. it wasn't our idea. that makes a lot of sense. what you said that wasn't quite right, what we laid out for them was, a detailed set of reforms in health programs, government programs over ten years, which are going to be tough, but we think they make sense. they don't like all those changes, they might want to go beyond that. but they have to tell us what those things are. you're right on the revenue side. we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a ver
what that does, it lifts the cloud of default over the economy. the president has increased the debt limit. congress has a chance to express approval of that. it's a very smart way by the senator with impeccable credentials to lift this threat. >> you said that he never intended it to be permanent? >> but, again, it was a good idea then, it's a good idea going forward. it came from him. it wasn't our idea. that makes a lot of sense. what you said that wasn't quite right, what we...
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this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's important we have a seat at the table. >> joining us now is two governors that attended that meeting, chairman of the national governors association jack merkel as well as oklahoma's republican governor the group's vice chair. thaw for joining us. governor fallon, i'll start off with you. we heard scott walker in there. why not take a side here? >> well, we have 50 different states. we have governors that have different political philosophies. what we're trying to find is common ground, some collaboration between the national governo
this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's...
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we end up with more debt and a weaker economy. the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of the mess and now they are doing well economically because they cut, not just cut spending in the washington sense of increasing it at a slower rate they spent less one year after the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound
we end up with more debt and a weaker economy. the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition...
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it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we believe in, simply because we accept that part of his offer doesn't mean we have to agree with the rest. but what i think a lot of people forget is, look, these tax rates are going up automatically unless congress acts. i favor acting to save as many of them as possible. >> makes sense. here's today, the speaker of the house john boehner signaled you out for your remarks on the compromise. let's listen to what you he said about you, sir. >> i told tom earlier in our conference meeting that i disagreed with him. you're not going to grow the economy if you rais
it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we...